The sector is preparing for another huge project in AP.Guntur District Dachepalli Mandal Pedagarlapadu Greenfield Cement Company to set up Plant with Rs 1500 crore.Plans are ready to be completed in 24 months.Shree Cement Group has already set up plants for cement manufacturing and allied sectors in 9 states.
The first project in AP is coming from this group.
Cement Ltd MD HM Bangur, JMD Prashant Bangur discussed with CM YS Jagan at the Chief Minister’s Camp Office.
The CM discussed with the management team of Shree Cement on the favorable environment for investment in AP and the incentives being given to the industrial sector.Shree Cement MD HM Bangur and JMD Prashant Bangur spoke on the occasion.
The Chief Minister is working in good faith for the betterment of the state.The chief executive officer of a company looks after the welfare of the company.
The chief minister also works for the welfare of the state.The CM hopes that the people will get better incomes.
The CM wants industrialization to take place on a large scale in the state.The CM intends to bring revenue to the state and the people because of this.
The growth rate of the state is higher than that of the country.There is no doubt that it will grow even more in the future.
The development of the state will be further enhanced with the Chief Minister’s vision of thinking.That is why we are going to set up a plant here, ”said Mr.Cement MD HM Bangur.“We are paying a minimum of Rs 20 crore per month and a minimum of Rs 70 lakh per day directly to those working in the Shree Cement plant, both in the form of salaries and indirect employment,” he said.We give them money as part of daily employment programs
The setting up of a large cement plant will create a good industrial environment.Many will get direct and indirect jobs.
Many will get job and employment opportunities in order to create the infrastructure and services required for the industry.JMD Prashant Bangur says thousands of people are benefiting.
The meeting was attended by MP Mithun Reddy, Shri Cement President Sanjay Mehta, GM GVN Sridhar Raju, Manager Venkataramana, Assistant Manager Simhadri Chandrasekhar.
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